MERKLAND TANK HOLDINGS LIMITED

🏛️Establishedactive

SC573000 · ltd · incorporated 2017-08-07

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 8.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2024

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 8.6y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 8.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

10 officers (5 active, 10 linked, 10 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

19 connected companies via shared directors

Filing history

46 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-01-31
Average employees	500

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2025-07-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-14
📄
memorandum-articles
incorporation · MA
2025-03-14
📄
resolution
resolution · RESOLUTIONS
2024-11-06
📄
change-person-director-company-with-change-date
officers · CH01
2024-07-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-11
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-05-16
➕
MCINTYRE, Kirsty appointed
director
2024-04-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-04-05
➖
FORGIE, Wilson Ewan resigned
director
2023-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-12-09
➖
HOTCHKISS, Colin resigned
director
2022-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-13
📄
capital-allotment-shares
capital · SH01
2022-04-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-02-01
➕
FORGIE, Wilson Ewan appointed
director
2021-11-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-11-16
➕
HOTCHKISS, Colin appointed
director
2021-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-08-31
➖
GIBSON, Robert resigned
director
2021-06-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-05-28
➖
MATHESON, Andrew Campbell resigned
director
2021-02-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-01-29
➖
HORNE, Robert Ewing Stevenson resigned
director
2020-11-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-02
➕
PIRRIE, James Mcnab appointed
director
2017-10-02
➕
PIRRIE, John Syme appointed
director
2017-10-02
➕
GIBSON, Robert appointed
director
2017-10-02
➕
HORNE, Robert Ewing Stevenson appointed
director
2017-10-02
➕
MATHESON, Andrew Campbell appointed
director
2017-10-02
🔒
Charge registered #1
Lender: Nevis Capital LLP (As Security Trustee)
2017-08-07
🏢
Company incorporated
As MERKLAND TANK HOLDINGS LIMITED
2017-08-07
➕
AITKEN, Brian Anthony appointed
director
2017-08-07
➕
BUCHAN, Ian Andrew John appointed
director

Owner dependency

63/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 68 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr James Mcnab Pirrie Individual · British · DOB 09/1960 · age 66	25–50%	25–50%	25-50% shares · 25-50% voting	02/10/2017
Mr John Syme Pirrie Individual · British · DOB 10/1958 · age 68	25–50%	25–50%	25-50% shares · 25-50% voting	02/10/2017

1 historic (ceased) PSC

Nevis Capital Llpceased 02/10/2017· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Holding company · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LYKKE WEALTH LTD→ SC791175 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
MARKEY HOLDINGS LIMITED→ SC509809 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
MCARTHUR LSL GROUP LTD→ SC856564 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MCLAREN ISLANDS LTD→ SC868868 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MEDICAL ULTRASOUND LIMITED→ SC303413 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
MEI HOLDINGS EOT TRUSTEE LIMITED→ SC872725 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MORRISON COMMUNITY CARE (CCG3) HOLDCO LIMITED→ SC815616 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
MTZ HOLDINGS LTD→ SC872880 · est 2025 · no financials extracted	—	—	—	—	—	—	—
NAHUALLI GROUP LIMITED→ SC858651 · est 2025 · no financials extracted	—	—	—	—	—	—	—
NDX HOLDINGS LIMITED→ SC772947 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
NEIL CRAWFORD LIMITED→ SC448681 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
NEIL KILCOYNE NOMINEES LTD→ SC865770 · est 2025 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive

Typeltd

Incorporated2017-08-07

Jurisdictionscotland

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

221 West George Street

Glasgow

Scotland

G2 2ND

Scotland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2026-08-20

Last: 2025-08-06